Man Industries (india) Limited · NSE:MANINDS
Man Industries (india) — Q4 FY26 Earnings Presentation
21 slides from Man Industries (india)'s earnings presentation, May 26, 2026
Slide 1: Stock exchange cover letter for earnings presentation
May 26, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring, Exchange Plaza, 5th Floor, Rotunda Building, Plot No. C/1, G block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Scrip Code: 513269 Sc
Slide 2: Earnings Presentation Q4-FY26/FY26
1 Earnings Presentation Q4-FY26/FY26
Slide 3: Company Overview
2 Company Overview Among leading manufacturer of large 2 state of art manufacturing facilities 1.2 Million+ MTPA diameter pipes with 3 Decades of with 6 production lines Strategically presence in Pipe Industry Total installed capacity located units to cater export market API grade LSAW, HSAW, 35+ Ye
Slide 4: Journey So Far
3 Journey So Far 2016: 2025: 2001: • Commissioned 5,600 Ton Hydraulic • Installed an advanced Spiral Mill and PU Coating • Coating plant (PE & CTE) at 2mn & JCO press at Gujarat Plant, developed Facility in Pithampur, expanding capacity by 50,000 1.6mn sq.mtr. in-house. TPA. 2005: 2017: • New pipe &
Slide 5: Experienced Management governed by a Strong Board
4 Experienced Management governed by a Strong Board Dr. Ramesh C. Mansukhani Mr. Nikhil Mansukhani Chairman Managing Director He is a first-generation entrepreneur with over four decade He is associated with Man Industries Ltd. after completing of industrial experience. As the driving force behind M
Slide 6: Manufacturing Facilities
5 Manufacturing Facilities • MAN Industries (India) Ltd. operates two advanced manufacturing facilities—one in Anjar, Kutch District, Gujarat and another in Pithampur, Madhya Pradesh—together spanning over ~182 acres. • With a combined manufacturing capacity exceeding 1.2 million tonnes per annum (T
Slide 7: Marquee Clientele across Globe
6 Marquee Clientele across Globe Domestic Clients International Clients 6
Slide 8: Accolades & Certifications
7 Accolades & Certifications 7
Slide 9: Q4 & FY26 Operational Highlights
8 Q4 & FY26 Operational Highlights • Record Margins, Strong Profitability: On a standalone basis, FY26 EBITDA and PAT margins reached all-time highs of 14.0% and 5.6% respectively, expanding 360 bps and 130 bps year-on-year. On a consolidated basis, EBITDA and PAT margins also reached record highs o
Slide 10: Other Expenses — Understanding Higher Other Expenses
Other Expenses — Understanding Higher Other Expenses What investors may be asking: Why have Other Expenses increased significantly? Is the company facing a cost overrun? Earlier Model — FOB (Free On Board) Current Model — DDP (Delivered Duty Paid) MAN Factory Port / Origin MAN Factory Freight + Cust
Slide 11: Forex Impact — MSSTL Jammu Plant Machinery
Forex Impact — MSSTL Jammu Plant Machinery Investor Question: Why has Consolidated profit been impacted by a forex loss, and will this reverse? Sequence of Events — MSSTL Jammu Plant Machinery 1 2 3 4 LC Opened Machinery Delivered INR Depreciates Sharply Loss Recovery 15–24 Months Ago This Quarter T
Slide 12: Quarterly Standalone Financial Performance
11 Quarterly Standalone Financial Performance *All figures reported in INR Millions, except for EPS Particulars Q4-FY26 Q4-FY25 YoY (%) Q3-FY26 QoQ (%) Revenue from Operations 11,570 8,504 36.0% 8,035 43.8% Other Income 176 245 (28.2)% 133 32.2% Total Income 11,746 8,749 34.2% 8,169 43.8% Operating
Slide 13: Annual Standalone Financial Performance
12 Annual Standalone Financial Performance *All figures reported in INR Millions, except for EPS Particulars FY26 FY25 Y-o-Y Revenue from Operations 34,552 31,182 10.8% Other Income 531 542 (2.0)% Total Income 35,083 31,724 10.6% Operating expenses 30,155 28,415 6.1% EBITDA* 4,928 3,309 48.9% EBITDA
Slide 14: Quarterly Consolidated Financial Performance
13 Quarterly Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Particulars Q4-FY26 Q4-FY25 YoY (%) Q3-FY26 QoQ (%) Revenue from Operations 11,573 12,185 (5.0)% 8,304 39.4% Other Income 82 27 200.7% 82 0.4% Total Income 11,655 12,212 (4.6)% 8,386 39.0% Operating
Slide 15: Annual Consolidated Financial Performance
14 Annual Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Particulars FY26 FY25 Y-o-Y Revenue from Operations 35,639 35,054 1.7% Other Income 286 200 43.2% Total Income 35,925 35,253 1.9% Operating expenses 31,246 31,690 (1.4)% EBITDA* 4,679 3,563 31.3% EBITD
Slide 16: Consolidated Balance Sheet
15 Consolidated Balance Sheet *All figures reported in INR Millions Particulars FY24 FY25 FY26 Particulars FY24 FY25 FY26 EQUITY AND LIABILITIES ASSETS Equity Share Capital 324 324 375 Non-Current Assets Other Equity 13,725 15,749 20,490 Property, Plant and Equipment 5,234 5,539 6,546 Right-of-use A
Slide 17: Quarterly Consolidated Financial Performance Trend
16 Quarterly Consolidated Financial Performance Trend *All figures reported in INR Millions, except for EPS Total Income* Gross Profit & Gross Profit Margin (%)* 12,212 6,269 11,655 7,736 8,148 8,386 3,409 53.8% 2,466 2,128 1,833 40.6% 23.7% 26.1% 20.0% Q4-FY25 Q1-FY26 Q2-FY26 Q3-FY26 Q4-FY26 Q4-FY2
Slide 18: Historical Consolidated Financial Performance
17 Historical Consolidated Financial Performance *All figures reported in INR Millions, except for EPS Total Income* Gross Profit & Gross Profit Margin (%)* 35,253 35,639 13,639 31,942 22,703 7,907 7,905 38.0% 4,973 21.9% 24.8% 22.4% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 EBITDA & EBITDA Margins (%
Slide 19: Capital Market Data
18 Capital Market Data 1 Year Stock Performance (up to 31st March, 2026) 100% 80% 60% 40% 20% 0% -20% Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Man Industries Sensex Market Data (As on 31st March, 2026) Shareholding Pattern (As on 31st March, 2026) Face Valu
Slide 20: Disclaimer
19 Disclaimer Man Industries Ltd. Disclaimer: No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in
Slide 21: Thank You
Oo MAN MA industries (india) Lta the line pipe people THANK YOU
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